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9023 Soper Hill Rd
Lake Stevens, WA 98258
Chipotle · Retail Property For Sale
Investment Highlights
- Brand-new, 15-year build-to-suit lease with “Chipotlane” concept. Estimated Grand Opening to occur in April 2023.
- Strong brand recognition supported by a publicly traded company (NYSE: CMG) with nearly 3,000 locations in the United States.
- Increased daily draw provided by adjacent future Soper Hill Center Development, Walmart, and brand-new Costco, estimated to open in November 2022.
- NNN lease structure with 10% rent increases every five years.
- Located with frontage on a highly trafficked, daily-needs retail corridor exposed to traffic counts of 33,300 VPD.
Property Facts
Property Type
Retail
Building Size
2,350 SF
Year Built
2023
Building Height
1 Story
Building FAR
0.09
Lot Size
0.63 AC
Zoning
b-2
Parking
22 Spaces (9.36 Spaces per 1,000 SF Leased)
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